Stock market recommendations: Radico Khaitan, and Bharti Airtel – Motilal Oswal Wealth Management Research Desk has recommended these as the top stocks to buy for the week starting October 19, 2026. Let’s take a look:

Radico KhaitanRadico Khaitan continues to outperform the IMFL industry through premiumization, with P&A volumes growing at a 15% CAGR to 17m cases in FY26. Strong luxury portfolio growth, product innovation and market-share gains are expected to sustain momentum.Margin expansion remains a key earnings driver, with EBITDA margins projected to reach 20.4% in FY27E and 21.7% by FY29E. Premiumization-led mix improvement, operating leverage, packaging efficiencies and India-UK FTA benefits should support sustained profitability.Strong free cash flow generation is accelerating balance-sheet deleveraging, with management targeting a net debt-free position in FY27. We forecast approximately 30% APAT CAGR over FY26–29E, supported by premiumization, favorable policy changes and margin expansion.Bharti AirtelBharti Airtel (BHARTI) is well positioned to sustain premiumization-led growth, supported by upgrades to unlimited plans, rising postpaid adoption, smartphone migration and increasing data consumption. An expected approximately 15% tariff hike from 3QFY27 could provide an additional boost to ARPU and earnings, while the proposed Jio Platforms IPO at a reported valuation of around Rs 11 trillion could provide a valuation benchmark for the telecom sector and act as a re-rating catalyst.Management’s focus on consumption-linked pricing offers a further avenue for ARPU expansion beyond periodic tariff hikes. Strong free cash flow generation, continued deleveraging and disciplined capital allocation provide financial flexibility to fund investments in fibre, transport infrastructure and data centers, while Airtel Africa offers additional earnings diversification. We maintain a positive view, supported by robust FCF generation, improving return ratios and an expected around 15% tariff hike from 3QFY27.(Disclaimer: Recommendations and views on the stock market, or any other asset classes or personal finance management tips given by experts and analysts are their own. These opinions do not represent the views of The Times of India.)